Adinkra London Limited

Adinkra London Limited is a small, active company based in London, UK, founded four years ago in 2020. It’s a private limited company with two directors and two owners, employing just two people and holding £4,070 in assets. The company operates an e-commerce site selling African-inspired accessories and attire, with a focus on adinkra symbols and craftsmanship. It’s a real address, so it’s probably a legitimate business.

The company’s website showcases a range of products, including socks, ties, scrunchies, and bags, all featuring unique African designs. It also offers bespoke tailoring services, blending African heritage with modern craftsmanship. Customer reviews highlight the quality and uniqueness of the products, with some praising the ties and socks, and others appreciating the bulk order options for gifts. The website even has a section for featured in, showing the company’s growing recognition.

Financially, Adinkra London Limited appears to be struggling. While cash reserves increased by a respectable 210% to £270, net assets and equity both plummeted 130% to -£3,600. Trade creditors increased by 48% to £7,700, and other creditors rose 57% to £7,500. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited. The increase in creditors and the negative equity suggest the company is burning through cash, possibly relying on credit to keep operations running. It’s a real challenge for a small business, but the positive customer reviews and focus on unique products offer a glimmer of hope.

Registered in England/Wales under the registration number 12928156, with a registered address at E15 2JS, England, London, Flat 2 Azura Court, 48 Warton Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.